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yang2

12/19/11 3:38 AM

#82342 RE: xZx #82335


Once LBSR notifies NAK there is a third party JV,NAK, if choose not to out bid the superior offer,has ten days to convert their loan if they want to.

It is a win-win arrangement for both NAK and LBSR as I
see it.

Cheers,

Yang2